Summary by Moomoo AI
Glenview Capital Management, LLC and Larry Robbins have filed an amended Schedule 13D/A with the U.S. Securities and Exchange Commission, reporting changes in their ownership of Butterfly Network, Inc. common stock. The filing, dated August 29, 2024, indicates that Glenview Capital Management now holds 11,668,477 shares, representing a 6.21% stake in the company, while Larry Robbins personally holds 19,554,480 shares, accounting for a 10.23% stake. The shares include those directly held, as well as shares issuable upon the exercise of Private Placement Warrants. The filing also details recent transactions, including private transactions and open-market purchases made on August 28, 29, and 30, 2024, with prices ranging from $0.9751 to $1.0746 per share. The filing asserts that the funds used for these purchases came from the general working capital of the Glenview Funds, totaling approximately $1,950,797.41.
